Coin Pool Mining Review: Dragon Mining Tech B2G Ponzi scheme
Coin Pool Mining is one of Dragon Mining Tech’s “dragon programs”.
Dragon Mining Tech is tied to the collapsed Bitcoiin pump and dump altcoin.
After allegedly raising $75 million dollars for their B2G ICO, Bitcoiin’s anonymous owners abandoned the project and did a runner.
Dragon Mining Tech is what’s left and, through spin-off companies like Start Options, Bitcoin Trading World, Crypto Mining Space, Palilula Mining, BTC Trader Online, BTC Mining Factory and Coin Pool Mining, are trying to milk investors out of even more money.
Dragon Mining Tech is believed to have strong ties to China however, like Bitcoiin, who owns and/or runs the company is not disclosed.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Coin Pool Mining Products
Coin Pool Mining has no retailable products or services, with affiliates only able to market Coin Pool Mining affiliate membership itself.
The Coin Pool Mining Compensation Plan
Coin Pool Mining affiliates invest in “investment programs” on the promise of a “short term” ROI of up to 65% (paid in B2G).
- Speed – invest $500 to $9999 and receive a 25% to 35% monthly ROI
- Maximize – invest $10,000 to $24,999 and receive a 30% to 45% monthly ROI
- Accelerate – invest $25,000 to $49,999 and receive a 30% to 45% monthly ROI
- REV – invest $50,000 to $99,999 and receive a 45% to 55% monthly ROI
- The Winners – invest $100,000 or more and receive a 50% to 65% monthly ROI
Two “Mining Program” investment plans are also offered:
- 100% Mining – 130% ROI in 90 days
- 70% Mining, 30% Trading – 125% to 175% ROI in 60 to 90 days
No minimum investment amounts are specified for the mining plans.
Coin pool Mining pay referral commissions on invested funds down three levels of recruitment.
Note that specific referral commission rates on each level are not provided.
Joining Coin Pool Mining
Coin Pool Mining affiliate membership is tied to a minimum $500 investment in B2G.
Note that all commission and ROI payments within Coin Pool Mining are made in B2G.
Coin Pool Mining claim they generate external ROI revenue through cryptocurrency trading and B2G mining.
No evidence of trading is provided, nor does B2G mining in and of itself generate actual revenue.
Outside of Dragon Mining Tech and their various income opportunities, B2G is worthless.
Dragon Mining Tech have set up an internal exchange, Thorex, through which new investors pay existing Bitcoiin B2G investors real money for B2G points.
The going B2G rate is set and controlled by Dragon Mining Tech itself.
Coin Pool Mining is one arm through which Dragon Mining Tech offloads pre-generated B2G through.
Ultimately the ROI Coin Pool Mining pay out is imaginary until new investors are duped through Thorex.
Given how Thorex works, Coin Pool Mining is part of a larger B2G Ponzi scheme.
As with all Ponzi schemes, once new investor recruitment slows down so too will newly invested funds.
This will see Dragon Mining Tech’s various schemes collapse.
Investor losses however won’t be realized until affiliates realize there’s nobody left to buy their worthless B2G points.
By then it’ll be too late, much like the original Bitcoiin B2G ICO.
Update 6th February 2021 – Coin Pool Mining was part of Kristijan Krstic’s $70 million dollar+ Ponzi empire.
Krstic was arrested in Serbia on behalf of US authorities in mid 2020.